Double taxation: Senate panel wants tripartite sit-down

ISLAMABAD: The Senate Standing Committee on Finance Friday directed the Federal Board of Revenue (FBR) to convene a meeting with the Azad Jammu and Kashmir (AJK) Council and the Gilgit-Baltistan (GB) Council to resolve double taxation issues in the two states.

The committee met in Islamabad with Senator Saleem Mandviwala in the chair on Friday and discussed different a number of issues including double taxation in AJK and G-B.

FBR Member Rahamatullah Wazir informed the committee that AJK and G-B were collecting taxes in line with their respective councils and were not considering the FBR list of active taxpayers.

The committee was informed that companies operating in these areas were also forced to pay double taxes as tax filers listed in FBR records were “treated as non-filers in AJK and G-B”.

The committee directed them resolve the issue in order to avoid double taxation.